Incentives & financing

Utility Rebates

Available rebates and equipment specification requirements are updated on an annual basis. Rebate tracker displays a summary of available ASHP rebates and may not be the current offering from your specific utility; please view your utility's rebate webpage for exact details.

Download all rebates
Provider Type

Federated Rural Electric Association

Up to
$1,500
Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$1000
Minimum efficiency

SEER2: 14.3
HSPF2: 7.5

Ducted Air Source Heat Pump

Rebate range
$1500
Minimum efficiency

SEER2: 16
HSPF2: 8

Ductless Air Source Heat Pump

Rebate range
$600
Minimum efficiency

EnergyStar Rated

Rebate webpage

Fosston Municipal Utilities

Up to
$650
Electric
Generation and Transmission Utility
Northern Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$450/ton
Minimum efficiency

SEER2: <16.2

Ducted Air Source Heat Pump

Rebate range
$750/ton
Minimum efficiency

SEER2: <16.2

Ductless Air Source Heat Pump

Rebate range
$450/ton
Minimum efficiency

SEER2: <16.2

Ductless Air Source Heat Pump

Rebate range
$750/ton
Minimum efficiency

SEER2: <16.2

Rebate webpage

Freeborn Mower Electric Cooperative

Electric
Generation and Transmission Utility
Dairyland Power Cooperative (Class A)

Ducted Air Source Heat Pump

Rebate range
$300/ton
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Ductless Air Source Heat Pump

Rebate range
$300/ton
Minimum efficiency

14.3 SEER2
7.5 HSPF2

Rebate webpage

Gilbert Water and Light

Up to
$1,000

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

SEER2: 15.2
HSPF2: 7.8
SEER: 16
HSPF: 9.2

Ductless Air Source Heat Pump

Rebate range
$400
Minimum efficiency

SEER2: 15.2
HSPF2: 7.8
SEER: 15.2
HSPF: 8.7

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1000
Minimum efficiency

SEER2: 15.2
HSPF2: 8.1
Minimum COP at 5°F: 1.75

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$1000
Minimum efficiency

SEER2: 16
HSPF2: 8.5
Minimum COP at 5°F: 1.75

Rebate webpage

Glencoe Light and Power

Generation and Transmission Utility
Central Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$50/ton
Minimum efficiency

15 SEER

Ducted Air Source Heat Pump

Rebate range
$75/ton
Minimum efficiency

15.5 SEER

Ducted Air Source Heat Pump

Rebate range
$100/ton
Minimum efficiency

16 SEER

Ducted Air Source Heat Pump

Rebate range
$125/ton
Minimum efficiency

16.5 SEER

Ductless Air Source Heat Pump

Rebate range
$15/SEER
Minimum efficiency

18 SEER

Rebate webpage

Goodhue County Cooperative Electric Association

Electric
Generation and Transmission Utility
Great River Energy

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

SEER2: 13.8
SEER: 14.5

Ducted Air Source Heat Pump,

Rebate range
$500
Minimum efficiency

SEER2: 14.3

Ducted Air Source Heat Pump

Rebate range
$700
Minimum efficiency

SEER2: 15.2

Ductless Air Source Heat Pump

Rebate range
Depends on efficiency
Minimum efficiency

SEER2: 13.8
HSPF2: 7
SEER: 14.5

Rebate webpage

Grand Marais Public Utilities

Up to
$2,200
Generation and Transmission Utility
Southern Minnesota Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$125 - $1800
Minimum efficiency

15.2 SEER2
7.8 HSPF2

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$250 - $2200
Minimum efficiency

15.2 SEER2
7.7 HSPF2
COP at 5°F ≥ 1.75

Ductless Air Source Heat Pump

Rebate range
$125 - $1800
Minimum efficiency

15.2 SEER2
7.8 HSPF2

Ductless Air Source Heat Pump (Cold Climate)

Rebate range
$250 - $2200
Minimum efficiency

15.2 SEER2
8.5 HSPF2
COP at 5°F ≥ 1.75

Ducted Air Source Heat Pump (Existing Natural Gas)

Rebate range
$100 - $200
Minimum efficiency

15.2 SEER2
7.5 HSPF2

Centrally-ducted Air Source Heat Pump paired with a secondary heat source

Rebate range
$1,500
Minimum efficiency

16.2 SEER2
7.8 HSPF2
17 SEER
9.2 HSPF

Ducted or Ductless Mini-Split Air Source Heat Pump

Rebate range
Up to $2,200
Minimum efficiency

16.2 SEER2
HSPF2 Varies
17 SEER
HSPF Varies
Minimum COP at 5°F: 1.75

Air Source Heat Pump Tune up

Rebate range
Up to $60
Rebate webpage

Grand Rapids Public Utilities

Up to
$1,000

Ducted Air Source Heat Pump

Rebate range
$400
Minimum efficiency

15 SEER
8.5 HSPF

Ducted Air Source Heat Pump (Cold Climate)

Rebate range
$1000
Minimum efficiency

15 SEER
9 HSPF
COP at 5°F ≥ 1.75

Ductless Air Source Heat Pump

Rebate range
$400
Minimum efficiency

14.5 SEER
8.2 HSPF

Rebate webpage

Granite Falls Municipal Utilities

Up to
$750
Electric
Generation and Transmission Utility
Central Municipal Power Agency

Ducted Air Source Heat Pump

Rebate range
$50
Minimum efficiency

14 SEER

Ducted Air Source Heat Pump

Rebate range
$750
Minimum efficiency

16.5 SEER

Ductless Air Source Heat Pump

Rebate range
$50
Minimum efficiency

14 SEER

DuctlessAir Source Heat Pump

Rebate range
$750
Minimum efficiency

16.5 SEER

Rebate webpage

Grove City Utilities Department

Electric

At this time, there are no available rebate offers.

Rebate webpage